Initial Investments

The charts below show the approximate Clothes Mentor initial investments you need to get the doors open, have a working capital reserve, get stocked with inventory and be ready for customers.

Estimated Range:

Low End Approximately

$226,500

High End Approximately

$349,000

While it’s likely that most stores will land in the targeted range listed above, it’s also dependent upon a number of variables. Further detailed information is outlined in our Franchise Disclosure Document (FDD). To get a copy of this document, please contact your Clothes Mentor franchise representative.

Type of Expenditures

Low

High

Initial Franchise Fee

$20,000

$25,000

Leasehold Improvements

$25,000

$60,000

Fixtures & Supplies

$30,000

$40,000

Signs

$5,000

$9,000

Inventory

$30,000

$50,000

Deposits, Business Licenses and Permits

$7,000

$15,000

Legal and Accounting

$0

$4,000

Security

$7,000

$10,000

Travel Expenses to Attend Training

$4,500

$9,000

Pre-Opening Labor

$10,000

$15,000

Grand Opening Advertising

$16,000

$20,000

POS System

$18,000

$22,000

Miscellaneous Pre-opening Expenses

$14,000

$20,000

Rent – 3 Months

$20,000

$25,000

Additional Funds – 3 Months

$20,000

$25,000

Total

$226,500

$349,000

We asked several franchisees for their thoughts on the Clothes Mentor initial investments. Check out their feedback in this video:

Get started on a quick path to success with our required investment range. Learn more about it in this video featuring our VP of Franchising: